January 9, 2018
Oakbrook Solutions is pleased to announce that it has signed an acquisition agreement for Michael Gary Consulting, MGCI, to strengthen its core competencies in wealth management technology and workflow.
MGCI, a New York based technology consulting firm established in 1999, provides professional services in the financial services industry focused on Wealth Management, Private Banking, Asset Management, and Trust and Custody. MGCI’s clients include some of the oldest trust companies and custodians in the U.S. and abroad that provide personal wealth management to some of the wealthiest individuals, families, and institutions.
MGCI has over twenty-five years of experience in management consulting and advisory services with a focus in business transformation in financial services. MGCI’s services include leading finance transformation programs addressing topics such as business process outsourcing, operations and technology assessments, data systems migration, conversion and integration, performance improvement, process redesign, program and project management, and regulatory compliance.
Tony Painter, CEO of Oakbrook Solutions says, “MGCI is a perfect complement to our subject matter areas and aligns well with our growth strategy moving forward. Oakbrook is convinced that wealth firms in all channels are going to need to implement and extend technology to get where they want to be and this transaction increases our bandwidth as a firm. We are excited to have Michael and his team as part of Oakbrook.”
Michael Perez, President of MGCI says, “We are excited and happy to be part of the Oakbrook team and convinced that the synergies of the two firms will benefit our existing and new clients.”
The recent acquisition of MGCI strengthens Oakbrook’s unequaled depth of experience in the Wealth Management industry and their ability to help existing and new clients make better decisions, deliver high quality customized service, increase efficiency, and reduce risk.